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9.
• What
– Agreement on how to use ISO 20022 for high-value clearing payments
with a cross-border leg
– To protect global players and global interoperability as markets adopt at
different speed
– Credit transfers, direct debits and reporting messages
• How
– In cooperation with the Payments Market Practice Group
• Approach
– Like-for-like approach i.e. reducing richer ISO 20022 to MT functionality
• Status
– Publicly available since November 2013 in MyStandards
– Maintenance process being established
– Used as a basis for implementation by many jurisdictions
Setting global implementation guidelines
Standards

15.
• User back offices can be shielded from the impact of migration through
– Transformation of business payload, enabled by the like-for-like
approach
Migration enablers

16.
• User back offices can be shielded from the impact of migration through
– Transformation of business payload, enabled by the like-for-like
approach
– Transformation of business information, currently part of technical MT
header
Migration enablers

19.
• User back offices can be shielded from the impact of migration through
– Transformation of business payload, enabled by the like-for-like
approach
– Transformation of business information, currently part of technical MT
header
– Shielding from protocol changes: evaluation ongoing
Migration enablers

30.
Introduction to
Canadian – ISO
20022 initiative
Standard schemas/
specifications?
Implementation
Integration services
• Details of the Canadian Payments ISO 20022 specific Schemas and
specifications will be published to the community by CPA via
MyStandards
Business impact
assessment
• Complete review of all impacted business flows and messages,
including comparison, mapping and gap analysis (using MyStandards).
• New messages impact assessment and recommendations
Canadian payments ISO 20022 initiative
Services offering proposal for the community
• Workshops giving an overview of the Canadian Payments ISO
20022 project, timeline and likely impact on the community
• General training on ISO 20022 and specific training on implications
of the Canadian Payments ISO20022 project
Technical
infrastructure review
Solution design
• Review current infrastructure impact and capacity against future needs
• Assess technical changes to be implemented (effort and roadmap)
• Evaluate Back-Office integration possibilities
Testing / Go-Live
Project Management • Single point of contact at SWIFT throughout the whole project
• Implement new flows, patches, configurations or upgrades on impacted
SWIFT infrastructure elements
• Develop, test and implement Integration solution
• Testing services to ensure readiness and compliance
• Assist during and after go-live